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Author Topic: Bitcoin or gold?  (Read 983830 times)
GregH37
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November 22, 2017, 01:37:33 PM
 #9841

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I think still I will Invest all my money in bitcoin as ii know the potential of bitcoin and how big it can grow.  Bitcoin is a future currency and it will be with everyone in future so we can invest in it now. And this is the most trending question about which is better bitcoin or gold and always my and many other people’s answer is Bitcoin is better. Bitcoin will anyway give more profit than gold in coming 10 years.
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nagatraju
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November 22, 2017, 01:47:49 PM
 #9842

Bitcoin and gold have different potential but when it come to investment I give it all to bitcoin because gold is a way of saving money to me and my goal is to earn, not to save
cybergamp
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November 22, 2017, 02:31:12 PM
Merited by Arkh (1), lysr (1), Mikelius (1), malvino (1), maxocoin (1)
 #9843

The gold costs are low, and they will stay low unless the dollar gets hit enormously, and there is no value control to keep costs falsely low. The circumstances amid which gold had been surging were the times of the dollar shortcoming. At the end of the day, it was not gold rising but instead dollar falling. I don't comprehend the importance of your math.
mozillaspez
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November 22, 2017, 02:42:44 PM
 #9844

By the by, 19% of yearly mined gold is expended in modern applications, and the rest goes to gems and protecting riches. Chariots are hand made development, gold is made in stars blasts (so its way more hard to create than BTC) and has an inborn incentive in itself, as the air we breath, the water we drink and the sustenance we eat
EdenAquis
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November 23, 2017, 04:28:04 AM
 #9845

Gold truly has been precisely that, a support against calamity or a safeguard to protect riches in dubious financial conditions. The instability showed by Bitcoin is extraordinary when it's on a general upward pattern has it has been for quite a long time, yet everybody overlooks how shocking it was owning Bitcoin at $200 for a year after it was exchanging at $800 and individuals were thinking about whether it could ever observe those highs again.

AyaYotoko
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November 23, 2017, 07:01:43 AM
 #9846

Bitcoins provide users with a unique trading experience. Unlike the American dollar and British pound, bitcoin, also referred to as cryptocurrency, is not regulated by a single central bank. In theory, this means the virtual currency is decentralized, democratized and can be accepted anywhere in the world.

It also means that bitcoins are unregulated, which can open the door to corruption.

So for long term i prefer GOLD!!
OrangeSeller
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November 23, 2017, 02:23:10 PM
 #9847

Another key advantage bitcoin has over gold is that its supply level is fixed and transparent – eliminating fears of the typical inflationary pressures associated with overproduction that could diminish the value of the asset.
These both are great options for making money but the best thing for making great money now is bitcoin. Bitcoin is the latest trend in the market and we should opt for bitcoin. Bitcoin is making so many people rich in these days and even people are switching from gold to bitcoin. Stop using old methods of making money, gold is highly stable so people are leaving.
tuliobrothers
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November 23, 2017, 02:32:36 PM
 #9848

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I want bitcoin as of now because i want to learn then earn. But i cannot say if it will stay that long.

dalat
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November 23, 2017, 02:37:00 PM
 #9849

In that such a long term of investment, why not both? 50% for Bitcoin and 50% for gold.
tranquanghuy
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November 23, 2017, 02:37:37 PM
 #9850

gold is always a good investment, safe one, but good... and will be good for a long time
Flowzer
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November 23, 2017, 02:50:47 PM
 #9851

probably in terms of gold security is superior to gold. but the bitcoin price is more fluctuating and rises in a very short time. i think i will keep bitcoin in a very long time. of gold is more stable than bitcoin. in a short time the price of bitcoin reaches 8000 $. I think it's a great coin.

pairinpay
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November 23, 2017, 02:51:03 PM
 #9852

for long term investment, i prefer gold over bitcoin, because i'm yet not enough know about bitcoin.
nagatraju
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November 23, 2017, 02:57:31 PM
 #9853

In that such a long term of investment, why not both? 50% for Bitcoin and 50% for gold.
perhaps this is the best option, when half of the money is safely stored, and half is in business
Goodsamaritan
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November 23, 2017, 04:13:01 PM
 #9854

Actually,bitcoin and gold are the same. They are both an asset and assets are where our income grows. They are different in a way that bitcoin is for internet use while gold is for global use. Bitcoins are as of now have larger value than gold but they are both being hold because holding a paper money or fiat money is not smart financially because paper wallet decreases its value as time pass by while gold and bitcoins or altcoins grow. So if choosing on both, either way your income would grow, we cannot tell which is faster but it is assured.
Mr.Stemafon
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November 23, 2017, 04:33:29 PM
 #9855

I would rather choose bitcoin over gold because if you wear gold it is a easy target to be robbed but if you have bitcoins the most of the thieves are uneducated and do not know anything about so what will they steal? your PC?
ettessuta
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November 23, 2017, 05:24:24 PM
 #9856

Definitely bitcoin is more attractive for investing. BTC is going to replace gold for the next decade, but I don't think that it will last more.
S.Sandberg
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November 23, 2017, 06:00:32 PM
 #9857

so many naive people here.

very few people did actually checked the exponential rate of technological advancement. ( and quantum computing advancement ).

Sure bitcoin will outpace gains from that of gold for the coming few years.

just wait 'till zettascale supercomputing is achieved or wait for the first practicable quantum computers to arrive.
all wallets will be virtually open.

by this time we will need to rethink cryptocurrencies entirely.


good luck hacking my gold with any computer Smiley
Izarok
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November 23, 2017, 07:06:45 PM
 #9858

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I will convert it all to Bitcoin. The pricing and the market has changed a lot ever since we broke all time highs every now and then. One might argue that gold is not hackable like Bitcoin but the real issue here is the profitability of it. I can make more profit with Bitcoin in a month than gold in a year.

finlandais
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November 23, 2017, 07:34:33 PM
 #9859

I will chose Bitcoin because it will provide me with more profitable investments than gold .No doubt it provides less security and is not safe as gold but risks are the part of life.Every good thing involves a risk so I will prefer to  convert all  my wealth into Bitcoin and will keep it there for 10 years rather than converting it into gold.

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Md.Sufian
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November 23, 2017, 08:18:20 PM
 #9860

In my opinion, Bitcoin is the best. Because Bitcoin is worth more than gold. Which is currently discussed in the world.
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